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Keyword: 1049miles

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  • Iditarod scrambles to recoup its losses

    11/29/2006 8:43:24 AM PST · by thackney · 20 replies · 590+ views
    Anchorage Daily News ^ | November 29, 2006 | ADN
    A less-than-successful gamble on Internet marketing has left the Iditarod Trail Sled Dog Race hundreds of thousands of dollars in the red. Costs largely associated with the startup of what the race had hoped would be a money-generating Web site -- Iditarod Insider -- forced the organization to borrow about half a million dollars this summer to cover costs associated with gearing up for the March 2007 Iditarod. It could take years for the race to pay off that loan, but race administrators are projecting the event will be back in the black again by next summer. "The approved budget,"...